Jane Street Group LLC trimmed its stake in Patria Investments Limited (NYSE:PAX - Free Report) by 75.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 43,944 shares of the company's stock after selling 136,875 shares during the quarter. Jane Street Group LLC owned approximately 0.07% of Patria Investments worth $511,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Pertento Partners LLP boosted its stake in Patria Investments by 8.9% in the 4th quarter. Pertento Partners LLP now owns 3,308,626 shares of the company's stock worth $38,479,000 after purchasing an additional 270,075 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Patria Investments by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 692,190 shares of the company's stock valued at $8,050,000 after purchasing an additional 11,743 shares in the last quarter. Northern Trust Corp boosted its position in shares of Patria Investments by 12.7% in the fourth quarter. Northern Trust Corp now owns 597,660 shares of the company's stock worth $6,951,000 after buying an additional 67,241 shares during the period. Castalian Partners LLC purchased a new position in shares of Patria Investments during the fourth quarter valued at $1,631,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Patria Investments by 4.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 135,284 shares of the company's stock valued at $1,573,000 after buying an additional 5,852 shares in the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.
Patria Investments Stock Down 0.6%
Patria Investments stock traded down $0.08 during mid-day trading on Friday, hitting $12.88. The company's stock had a trading volume of 499,874 shares, compared to its average volume of 596,079. Patria Investments Limited has a 52-week low of $9.43 and a 52-week high of $13.34. The company has a market cap of $781.06 million, a PE ratio of 25.76, a price-to-earnings-growth ratio of 1.28 and a beta of 0.57. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. The firm's 50 day moving average is $11.21 and its 200 day moving average is $11.62.
Patria Investments Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Wednesday, May 14th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date is Wednesday, May 14th. Patria Investments's payout ratio is presently 122.45%.
About Patria Investments
(
Free Report)
Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds.
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